Borrowing in Saint-Bernard-de-Michaudville, Quebec

With 616 residents counted in the 2021 Census, Saint-Bernard-de-Michaudville sits inside Quebec's provincial lending framework.

The Quebec rules that apply

Consumer lending in Quebec is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

Because Quebec does not license payday lending, no provincial payday cap applies there, and the federal Payday Lending Regulations (SOR/2024-114) note the distinction.

Places in the smallest population band are grouped here as small communities, and the pages carry the same census fields and the same provincial rules as the largest city.

The census figures for Saint-Bernard-de-Michaudville

Saint-Bernard-de-Michaudville recorded a population of 616 in Statistics Canada's 2021 Census of Population. The community covers 66.0 square kilometres of land.

The calculated density is 9.3 people per square kilometre.

The community is the 856th largest place in the province within this census set.

Saint-Bernard-de-Michaudville therefore appears at rank 856 of 1150 covered Quebec places, with a density of 9.3 people per square kilometre.

Products compared here

These are two of the 20 products described on the site, and each has a national page as well as the provincial rules.

• Business loans: Commercial borrowing, what lenders read in a business file, and how the assessment differs from personal credit.
• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.

How borrowing works locally

A payday advance is repaid on a pay date, while an instalment loan is repaid over a set number of payments.

Interest on a line of credit accrues only on the drawn portion, not on the unused limit. Debt management plans are administered by accredited credit counsellors, and they are not loans.

Saint-Bernard-de-Michaudville ranks 856 by 2021 Census population among the covered places in Quebec.

Where a figure for Saint-Bernard-de-Michaudville could not be verified, the page names the publisher instead of printing a number.

Saint-Bernard-de-Michaudville is one of 1150 covered Quebec places, counted at 616 residents with a land area of 66.0 square kilometres.

Readers comparing Saint-Bernard-de-Michaudville with another community can use the same four census fields.

The land area recorded for Saint-Bernard-de-Michaudville is 66.0 square kilometres, and the population is 616 residents in the 2021 Census.

The density figure for Saint-Bernard-de-Michaudville, 9.3 people per square kilometre, is calculated from the population and land area above.

Saint-Bernard-de-Michaudville sits at rank 856 within Quebec in this data set, and the provincial rules apply as they do elsewhere.

The Saint-Bernard-de-Michaudville page follows the same structure as every other place page, with population, land area, density and rank.

For Saint-Bernard-de-Michaudville, the two census fields above are the only local statistics used anywhere on the page.

At 616 residents in the 2021 Census, Saint-Bernard-de-Michaudville is listed alongside the other covered places in Quebec.

Nothing on the Saint-Bernard-de-Michaudville page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Saint-Bernard-de-Michaudville appears in the census record with 616 residents, and the density of 9.3 people per square kilometre follows from it.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

The 2021 Census of Population published by Statistics Canada is the source for population and land area; the federal Payday Lending Regulations (SOR/2024-114) are the source for payday rules.

The provincial rules apply wherever a borrower is in Quebec; a municipal boundary does not change them.